U.S. Futures Slide After Trump Says He’ll Start Sending Tariff Letters Today Setting Levies Up To 70%https://t.co/99QWta3em0 https://t.co/EfWOAOIV0Q ...

President Trump says new unilateral tariff rates will range from 10% to 70%, as his 9th of July deadline for deals approaches.Get the latest on this and the rest of the news you need to start your morning with the Daybreak Europe Podcast: https://t.co/CjeAyHtiDo ...

FTSE 100 Live: UK Stocks Set to Dip on New Tariff Worries https://t.co/4jg3GtCphi ...

President Donald Trump says he has reached a trade deal with Vietnam.The deal includes a 40% tariff on goods deemed to be transshipped — a move that could irk China and provoke retaliation. @ngxuanquynh explains https://t.co/pKac8Uou4g https://t.co/79uPypoi2j ...

家乐福CEO Alexandre Bompard接受法媒采访时表示，每天都有零售商和分销商因中国低价商品而消失，欧盟对低价值包裹征收2欧元费用的计划不过“是个笑话”，应像统特朗普那样对这些包裹征收大额关税。Bompard敦促欧盟尽快跟进。🗒️Bompard同时也是法国商业和分销联合会（FCD）的主席。外汇交易员 (@myfxtrader):FT：欧盟计划对进入该地区的数十亿个小包裹（主要来自Temu Shein等零售商）征收统一的处理费，预计发送给消费者的商品每件收取2欧元，发往仓库收取0.5欧元。 https://t.co/JM737iLeg9 ...

President Donald Trump says he has reached a trade deal with Vietnam.The deal includes a 40% tariff on goods deemed to be transshipped — a move that could irk China and provoke retaliation. @ngxuanquynh explains https://t.co/nanYGKKurH https://t.co/3kUqOjzWcz ...

中国商务部：中方注意到美国与越南达成贸易协议的相关情况，正在开展评估。中国乐见各方通过平等磋商解决与美方经贸分歧，但坚决反对任何一方以牺牲中方利益为手段达成交易。如果出现这样的情况，将坚决予以反击。外汇交易员 (@myfxtrader):特朗普宣布，越南将对美国出口支付20%的关税，将对任何转口贸易支付40%的关税。越南市场对美国全面开放，越南将对美国商品实施零关税。#行情 耐克瞬间抹除超过3%的涨幅并短暂转跌。 ...

A new trade deal between the US and Vietnam risks provoking retaliatory steps from China as the accord includes a 40% tariff on goods deemed to be transshipped through the Southeast Asian country, according to Bloomberg Economics. https://t.co/30OXVubz0a ...

Market Trends & Trade - S&P 500 and Nasdaq hit all-time highs despite weak ADP jobs report, driven by progress on the trade front [1] - Investors are closely monitoring macro themes like trade and monetary policy [2] - A trade framework with Vietnam was announced, but the 20% tariff is higher than the 10% baseline, potentially underwhelming the market if other deals follow suit [3][9] - The consensus view is that investors are more worried about deals not happening than excited about avoiding market-tanking tariffs [9] - July 9th and August 12th are potential trigger dates for tariff-related issues, suggesting ongoing trade tensions [12][13] Portfolio Strategy & Outlook - Wells Fargo Investment Institute is focusing on quality, trimming back on consumer discretionary and industrial sectors [5] - Clients are holding cash in anticipation of a pullback or circulating it into sectors like technology [6] - The market's breadth has been poor, suggesting a potential pullback is coming relatively soon [6][7] - The institute recommends sticking with quality bonds (3-7 year intermediate part of the curve) and large-cap U S stocks (S&P 500), also U S Mid caps, while being underexposed to emerging markets and developed international markets [7] - Investors may be hesitant to hold large, long positions going into the long weekend, potentially leading to some liquidation [11][12]

Trade Negotiations & Agreements - The US is pursuing bilateral trade deals instead of multilateral ones, marking a new approach to global trade [6][7] - A trade deal with Vietnam is imminent and is considered a significant win for American farmers and manufacturers, incentivizing domestic production over routing through China [2][3] - The Vietnam deal opens up the Vietnamese market in unprecedented ways [2] - Negotiations with Japan are ongoing, with anticipated announcements before July 9th, indicating progress in trade relations [5] - The US is seeking reciprocity in trade, addressing non-tariff barriers that hinder access for US manufacturers and farmers to foreign markets [9] - The willingness of countries to lower non-tariff barriers influences the US's tariff considerations [10] Tariffs & Trade Policy - The US may impose tariffs on countries that do not present trade deals facilitating negotiations [13][14] - The specific details of export rates with Vietnam will be released in an upcoming statement [4] China Trade Relations - Negotiations with China continue regarding the framework established in Geneva and the UK [11] - The US is urging China to accelerate access to rare earth magnets, as agreed upon in previous negotiations [11]